https://www.taxtmi.com/caselaws?id=10462 The High Court held that the Commissioner lacked jurisdiction to set aside the original assessment order that had already been rectified by the Assessing Officer. The Court emphasized that once an order is rectified, it loses its identity to the extent it was rectified, and the Commissioner should have targeted the rectified order if deemed erroneous. Consequently, the Court upheld the Tribunal's decision, ruling in favor of the assessee and emphasizing the importance of the Commissioner's exercise of revisional powers under the Income-tax Act, 1961. en-us Wed, 05 Jan 2005 00:00:00 +0530 Thu, 16 Jul 2009 11:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10462 The High Court held that the Commissioner lacked jurisdiction to set aside the original assessment order that had already been rectified by the Assessing Officer. The Court emphasized that once an order is rectified, it loses its identity to the extent it was rectified, and the Commissioner should have targeted the rectified order if deemed erroneous. Consequently, the Court upheld the Tribunal's decision, ruling in favor of the assessee and emphasizing the importance of the Commissioner's exercise of revisional powers under the Income-tax Act, 1961. Case-Laws Income Tax Wed, 05 Jan 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10462